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25 Stocks on Jim Cramer’s Radar: Arm, Arista, and CoreWeave

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In this article, we will look at the stocks on Jim Cramer’s radar on Mad Money as he discussed the upcoming earnings. The host of CNBC’s Mad Money said on Friday that the market managed to push through what he called the “most difficult” stretch of earnings season “with flying colors.”

Alright, we just got through the most difficult week of earnings season with flying colors. All the big techs did well, save Meta. Everything connected with the data center went bonkers, and the rest weren’t bad either, which is how we got through another solid session… That doesn’t mean we’re out of the woods, though. You know that. This coming week is actually a little more eclectic, jam-packed some days, and frankly, more prone to disappointment. Plus, we must never forget there is a war going on.

READ ALSO Jim Cramer’s Opinion on 21 Stocks: Oklo, AST SpaceMobile, and Others and Jim Cramer’s 20 Stock Calls: Microsoft, SoFi, and Tech Earnings Recap

Cramer noted that Friday brings the monthly jobs report and called it a significant data point for anticipating the Federal Reserve’s next move. He said that if the numbers come in slightly weaker, the narrative could quickly change, especially with Kevin Warsh potentially stepping into the role of Federal Reserve Chair. He said that if that happens, investors could start talking about the possibility of an interest rate cut happening sooner than expected. He emphasized that labor market data remains the most important factor in shaping Fed policy expectations.

Cramer also said he sees signs pointing toward a slowdown in hiring rather than a full recession, especially as artificial intelligence begins to change how companies operate. He mentioned that listening to earnings calls across the tech sector makes it clear that a broader shift is underway. He noted that this earnings season offered the first real signs that the fourth industrial revolution is beginning to influence areas beyond just technology companies.

Here’s the bottom line: Next week’s another big one, but the most important event is the labor report on Friday. I also think we’ve got a lot of good earnings coming, but don’t expect next week to be as good as this one was.

Our Methodology

For this article, we compiled a list of 25 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on May 1. We listed the stocks in the order that Cramer mentioned them.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).

25 Stocks on Jim Cramer’s Radar: Arm, Arista, and CoreWeave

25. Amprius Technologies, Inc. (NYSE:AMPX)

Amprius Technologies, Inc. (NYSE:AMPX) was among the stocks on Jim Cramer’s radar on Mad Money. Toward the end of the lightning round, when a caller inquired about the company, Cramer commented:

You know, okay, this is another spec. It’s a storage spec, and it’s got, it makes a lot of sense. Once again, two specs that I’m willing to go with. You’re allowed to have one spec in your portfolio of five.

Amprius Technologies, Inc. (NYSE:AMPX) creates advanced silicon-based batteries designed to power high-performance flight tech like drones and satellites. A caller inquired about the company during the January 9 episode, and Cramer replied:

An interesting spec. I was thinking about them when Ford decided to no longer do its battery business. I think you have something there. It’s a nice spec, and it’s come down. I am going to say that that’s a good one.

24. RTX Corporation (NYSE:RTX)

RTX Corporation (NYSE:RTX) was among the stocks on Jim Cramer’s radar on Mad Money. A caller sought Cramer’s opinion of the stock, and he replied:

Well, I mean, hey, RTX is down very big… RTX is a monster right here, and I’d buy it aggressively. It’s down a lot. It makes no sense. It’s because there’s not enough aircraft servicing because people feel that people aren’t going to fly anymore. Wrong.

RTX Corporation (NYSE:RTX) makes aerospace and defense systems for commercial, military, and government customers. The company builds aircraft engines, avionics, and defense technologies, and also provides maintenance, training, and support services. Cramer discussed the company’s earnings results on April 21, as he said:

Next, how about RTX? They posted an excellent set of results, too. Also beating expectations on every key line… All three of the company segments, which are fairly evenly sized, beat sales and operating profit expectations… Unlike GE Aerospace, RTX did raise some lines of its full-year forecast… Maybe that partial guidance raise is why RTX held up a little better than GE today. But still, they reported an amazing quarter, and the stock got clobbered anyway, probably because investors were hoping for even more of a boost. That’s unrealistic, unrealistic. As I’ve mentioned before, much of the focus for RTX is about what the company’s doing to grow its capacity, especially for the defense side of the business. That was still the case today…

I mean, that’s exactly what we want to see. Now, don’t forget, RTX should have years of upside here as one of the nation’s leading producers of missiles… Management also said they’re working with the Department of War to accelerate munitions production. And so far, that’s gone well. RTX has already reached deals to boost production of certain missiles… The company’s CEO, Chris Calio, talked about huge demand from around the globe, not just the U.S.

I was incredibly impressed. One last point: RTX spent a lot of time on this conference call talking about its Coyote counter-UAS system. As we’ve been telling you, drones are playing an outsized role in modern warfare, and the Coyote from RTX is one of the leading counter-drone systems that’s been developed for our military… This is exactly what we need to deal with countries like Iran that love to lob tons of cheap drones at us and our allies.

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